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Nov 21, 2012
11/12
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. >> there is an investigation going on in their california factories saying there might be issues there. if you are in this still you need to get out. >> drop for mosaic. >> i think the prices can go down further. >> pop for chipotle. >> the stock has been rough. valuations still stretch. look at the price action in jack in the box the other day. i would rather own jack. >> letter x a pop. >> the season ality is a bullish catalyst. it is due to take place next week. i bought steel letter x today based on the trade. >> and a pop for sales force. >> they feed on earnings. for share holders you better hope they are. it is an increase from here. even then the company would be trading about 20 times 2018 estimated earnings. i think that is pretty rich. i think i would use this as a selling opportunity. >> we have a pop here for taking it to the hoops. >> a sophomore has done something that has never been done before, score 138 points in a basketball game. he took a shot every 20 seconds for a total of 108 attempts. nba star kevin durant praised the kid. >> somebody should have gotten that ki
. >> there is an investigation going on in their california factories saying there might be issues there. if you are in this still you need to get out. >> drop for mosaic. >> i think the prices can go down further. >> pop for chipotle. >> the stock has been rough. valuations still stretch. look at the price action in jack in the box the other day. i would rather own jack. >> letter x a pop. >> the season ality is a bullish catalyst. it is due to take...
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Nov 19, 2012
11/12
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>>> and later, the california entrepreneur behind twitter. how jack dorsey has changed the way we communicate. now he's looking at how you use money as we take a break, take a look at how the stock market ended the week. back in a moment. [ male announcer ] this is bob, a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well
>>> and later, the california entrepreneur behind twitter. how jack dorsey has changed the way we communicate. now he's looking at how you use money as we take a break, take a look at how the stock market ended the week. back in a moment. [ male announcer ] this is bob, a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [...
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Nov 8, 2012
11/12
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california voters say yeah to higher taxes. but are they also about ready to say yes to max exodus to texas? >>> maybe even sydney. >>> later on, contact high. is it high time for yaall state to just say yes to legalized pot? the map that will have your head spinning. next. ♪ i'm the tax man i'm freaking out man. he's, he's on my back about providing for his little girl. hey don't worry. e-trade's got a killer investing dashboard. everything is on one page. i'm watching you. oh yeah? well i'm watching you, watching him. [ male announcer ] try the e-trade 360 investing dashboard. >>> it sounds like a wig dose of hopium for anyone trying to sell their house. prices are spiking but there is a big caveat. diana olick is on it. what is this? >> mandy, one word. investors. realtors just reported the median home price in the u.s. rose 7.6% from a year ago. other reports show smaller price gains. prices up just 2% year over year for the nation's top 20 markets. others show prices up nationally from 3% to 5%. the realtors' number is s
california voters say yeah to higher taxes. but are they also about ready to say yes to max exodus to texas? >>> maybe even sydney. >>> later on, contact high. is it high time for yaall state to just say yes to legalized pot? the map that will have your head spinning. next. ♪ i'm the tax man i'm freaking out man. he's, he's on my back about providing for his little girl. hey don't worry. e-trade's got a killer investing dashboard. everything is on one page. i'm watching you....
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Nov 7, 2012
11/12
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the first is california. we can tell you nbc news is projecting california to go to president obama. 55 electoral votes in california. this is obviously a huge one. no surprise that the president wins california. also, right now, we can tell you that hawaii is also going to obama. nbc news projecting the president to win hawaii as well, another four electoral votes. listen to the crowds, carl. >> yep. >> another winning -- another winner on a close call in idaho. idaho is going to governor romney. governor romney wins idaho with four electoral votes. nbc news projecting mitt romney the winner there. >> couple of big states out of the pacific northwest as we continue to hear the crowds at democracy plaza. the state of oregon, too early to call. although nbc news is saying that the president, barack obama, does lead in the state of oregon. and washington state. nbc news projects that barack obama will take the state of washington. there are some cheers in democracy plaza. we'll go back to there as the map fills
the first is california. we can tell you nbc news is projecting california to go to president obama. 55 electoral votes in california. this is obviously a huge one. no surprise that the president wins california. also, right now, we can tell you that hawaii is also going to obama. nbc news projecting the president to win hawaii as well, another four electoral votes. listen to the crowds, carl. >> yep. >> another winning -- another winner on a close call in idaho. idaho is going to...
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Nov 3, 2012
11/12
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daryl in california, please. >> caller: booyah, jim cramer. i have a question what is meant by a reverse split stock? >> that means if there's a million shares let's say they do a three to one, make to it 300,000 shares. what is typically done, citi group did one of these. what it does, if you have like 300 billion shares you divide it by three, you got 100 billion. it does raise the price but it's illusory. you just have fewer shares. tyler in florida. >> caller: jim i'm going to give you a south florida booyah. >> i'll take that. i need to go there now always >> caller: sun is shining. actually it's overcast. but quick question for you. when you talk about the economy really booting off again it seems like you talk about it in terms of consuming and not producing. i'm thinking from the way i think about it you need something to be produced before it's consumed. i'm wondering why in terms of a growing economy you talk about consumption instead of production. that's what it seems like to me. >> i do. because in order to be able to raise price
daryl in california, please. >> caller: booyah, jim cramer. i have a question what is meant by a reverse split stock? >> that means if there's a million shares let's say they do a three to one, make to it 300,000 shares. what is typically done, citi group did one of these. what it does, if you have like 300 billion shares you divide it by three, you got 100 billion. it does raise the price but it's illusory. you just have fewer shares. tyler in florida. >> caller: jim i'm...
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Nov 9, 2012
11/12
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. >> california voted in the tax increase. you have a lot of wealthy individuals. i carry american express card. does that effect my spending? yes, it does. >> let's bottom line this all. >> as the old addage would say don't leave home without it dan's put spread limitt suggests $125 and offers a four to one payout. moving on to the next trade call it the battle of the big box retailers wal-mart and home depot report earnings next week. this comes amid a massive storm here in the northeast. how should you repay? let's call to the charts. we are speaking about carter braxtonworth. >> take a look at a few charts home depot a great winner. almost suspiciously so. when you are at the top or bottom of the channel you want to feed it for a move in the opposite direction. a long term chart. this is home depot now relative to not only where it was at the height of the housing bubble in '06 but where it was when it was at the top of the tech bubble in the dot com era. the original chart we were looking at the two-year chart. this is relative to wal-mart. take a look at the
. >> california voted in the tax increase. you have a lot of wealthy individuals. i carry american express card. does that effect my spending? yes, it does. >> let's bottom line this all. >> as the old addage would say don't leave home without it dan's put spread limitt suggests $125 and offers a four to one payout. moving on to the next trade call it the battle of the big box retailers wal-mart and home depot report earnings next week. this comes amid a massive storm here in...
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Nov 6, 2012
11/12
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state is finally attracting new business like spreadshirt out of boston. 20% of its business was in california. it has moved in next store. >> there was plepty of open space for us to choose from and a great labor pool. we have great employees that are anxious to work for us. we are grows at 100% and we hope to have 200 people here by next year. >> while they have been the most supporting of mitt romney, the gaming ca zone knseatbelt seen tend to support harry reid. guys, they are trying to rest control of the state here from the democrats to the gop. >> jane, they had vegas lines on some of these things. i think the early line called it for president obama i read that this morning? >> it is. but in terms of betting, it is illegal to bet on an election. that hasn't stopped these irish guys over seas for the online betting. one of them online has said that obama has won and started to pay. >> they said they have done crazy stuff for publicitpublici. and they can't get the $750 back if romney were to win. >> you could do intrade but that is like $6 a share. >> go put it on the table. >> and i th
state is finally attracting new business like spreadshirt out of boston. 20% of its business was in california. it has moved in next store. >> there was plepty of open space for us to choose from and a great labor pool. we have great employees that are anxious to work for us. we are grows at 100% and we hope to have 200 people here by next year. >> while they have been the most supporting of mitt romney, the gaming ca zone knseatbelt seen tend to support harry reid. guys, they are...
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Nov 2, 2012
11/12
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dal in california, please. >> caller: booyah,jim cramer. i have a question what is meant by a reverse split stock? >> of the that means if there's a million shares let's say they do a three to one, make to it 300,000 shares. what is typically done, citi group did one of these. what it does, if you have like 300 billion shares you divide it by three, you got 100 billion. it does raise the price but it's illusory. you just have fewer shares. tyler in florida. >> caller: jim i'm going to give you a south florida booyah. >> i'll take that. i need to go there now always >> caller: sun is shining. actually it's overcast. but quick question for you. when you talk about the economy really booting off again it seems like you talk about it in terms of consuming and not producing. i'm thinking from the way i think about it you need something to be produced before it's consumed. i'm wondering why in terms of a growing economy you talk about consumption instead of production. that's what it seems like to me. >> i do. because in order to be able to raise
dal in california, please. >> caller: booyah,jim cramer. i have a question what is meant by a reverse split stock? >> of the that means if there's a million shares let's say they do a three to one, make to it 300,000 shares. what is typically done, citi group did one of these. what it does, if you have like 300 billion shares you divide it by three, you got 100 billion. it does raise the price but it's illusory. you just have fewer shares. tyler in florida. >> caller: jim i'm...
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Nov 11, 2012
11/12
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. >> the most populated state in the country, california voted in a tax increase with prop 30. you have a lot of wealthy individuals. i carry american express card. does that affect my spending? yes, it does. >> let's bottom line this all. >> as the old adage would say don't leave home without it don't try it in the market. shorting stocks is the riskiest thing you can do. it exposes you to unlimited losses. dan's put spread limit suggests $125 and offers a four to one payout. nice risk/reward there. moving on to the next trade call it the battle of the big box retailers wal-mart and home depot report earnings next week. black friday, of course, just two weeks away. this comes amid a massive storm here in the northeast. how should you repay? -- let's call to the charts. with the man never lifted a hammer but can spot a good wedge. we are speaking about carter braxton worth of oppenheimer. >> lifted a few hammers but don't know where the toolbox is. >> take a look at a few charts home depot a great winner. almost suspiciously so. meaning, a very persistent up trend. when you are
. >> the most populated state in the country, california voted in a tax increase with prop 30. you have a lot of wealthy individuals. i carry american express card. does that affect my spending? yes, it does. >> let's bottom line this all. >> as the old adage would say don't leave home without it don't try it in the market. shorting stocks is the riskiest thing you can do. it exposes you to unlimited losses. dan's put spread limit suggests $125 and offers a four to one payout....
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Nov 23, 2012
11/12
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courtney reagan is in dayton, ohio, jane wells at a best buy in canoga park, california. what's the traffic look like this? >> that's right, bill, i sure am. it opened at midnight. a bit of at lovell, bum then at 10:00 a.m. it really started to pop. i've got speaking with aroundists, retailer, whether it's mavs. pretty good. make not agrees the overial sales are expected. and some early aggravations, most have appeared to have pushed those frustration aside. the majority of people who got here were the full-time employees. but a very good response. >> they were planned leading up to -- but walmart ceo says that actually only 26 protests occurred. many didn't even include walmart employees. and in fact he set -- they missed that scheduled shift. matt values thinks that macy's is the clear winner. i have to say i've seen an automatic lot of macy's backs myself. i'm happy that the leap pad 2 is very hard to find the. >> they won't get any more in? >> they will, but probably not day is the probably. so the inventory they probably out. >> courtney reagan, thank. >>> hoping tha
courtney reagan is in dayton, ohio, jane wells at a best buy in canoga park, california. what's the traffic look like this? >> that's right, bill, i sure am. it opened at midnight. a bit of at lovell, bum then at 10:00 a.m. it really started to pop. i've got speaking with aroundists, retailer, whether it's mavs. pretty good. make not agrees the overial sales are expected. and some early aggravations, most have appeared to have pushed those frustration aside. the majority of people who got...
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Nov 15, 2012
11/12
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how do you solve a problem like california? we talk about it next when we come back. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. you walk into a conventional mattress store, it's really not about you. we have so much technology in our store to really show the customers what's going on with their bodies. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep number we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around
how do you solve a problem like california? we talk about it next when we come back. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200...
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Nov 12, 2012
11/12
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north dakota it went past california. it is soon going to go past texas and they rp only getting started. i think they are only just beginning. i think the iea was way too long in the anticipation. >> traders are saying if we get there as quickly as you say that doesn't mean a good story for the u.s. consumer as we are seeing with what is happening with gas prices. until we see new refineries and the infrastructure to go along with the drilling we can produce all the oil we want. >> that's the big question. we need to be an exporter of crude oil because we don't have the refining capabilities. we could be an exporter of crude and natural gas because we don't have the ability to refine the crude oil. >> are you saying to be energy independent we need a major shift in natural gas usage? >> it is liquids. in canada you have the deep water drilling in the gulf. it is all of north america. these guys said we are talking from somewhere around 11 million barrels a day by 2010 they will add another 15 million barrels a day by 202
north dakota it went past california. it is soon going to go past texas and they rp only getting started. i think they are only just beginning. i think the iea was way too long in the anticipation. >> traders are saying if we get there as quickly as you say that doesn't mean a good story for the u.s. consumer as we are seeing with what is happening with gas prices. until we see new refineries and the infrastructure to go along with the drilling we can produce all the oil we want. >>...
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Nov 27, 2012
11/12
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it goes on sale in california and oregon only, middle of next year. gm expects the press point to be somewhere around 25,000. the all-important question, what is the range going to be, how far will it go fully charged? gm is not saying at this point, only it will be competitive with other electric cars. speaking of other electric cars this market is struggling now look at auto sales through september of this year. 73%, almost 8 million vehicles in the u.s., are gasoline powered. still a predominant source of power train in this country. hybrids, 279%, 300,000. as for pure electric, just 8,289 pure electric cars sold in the u.s. right now. take a look at shares of general motors in the last year. if you were a gm investor in the last year, up 24%. a lot of people talk about gm ought to learn what they are doing at tesla, tesla leading the way with electric cars. gm versus tesla, no comparison, gm up 24%, tesla up just 1.4%. as i said at the beginning of this report, you will see more electric vehicles coming from general motors the next couple of years
it goes on sale in california and oregon only, middle of next year. gm expects the press point to be somewhere around 25,000. the all-important question, what is the range going to be, how far will it go fully charged? gm is not saying at this point, only it will be competitive with other electric cars. speaking of other electric cars this market is struggling now look at auto sales through september of this year. 73%, almost 8 million vehicles in the u.s., are gasoline powered. still a...
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Nov 21, 2012
11/12
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this one was a fugitive, having jumped bail on a california burglary charge. another had been arrested for shoplifting just four months earlier and deported. but somehow, she got back into the united states. because shoplifters are not considered serious criminals, they rarely spend much time in jail. >> these groups predetermine and have plans if somebody is arrested. if a team of eight goes out, and two of those people are arrested, it's the responsibility of the other six to get the money together to bail them out and get them back out on the street. >> then, he says, they disappear, traveling to another city, or assuming a new identity. the few cops who follow these groups say they have effectively carved out a criminal niche for themselves, exploiting a justice system that lets people who commit property crimes off easily. what percentage of the time were you caught? >> we can say once a year. >> and you worked every day. >> five days a week. >> this professional shoplifter from chile became a confidential informant for the new york task force when they t
this one was a fugitive, having jumped bail on a california burglary charge. another had been arrested for shoplifting just four months earlier and deported. but somehow, she got back into the united states. because shoplifters are not considered serious criminals, they rarely spend much time in jail. >> these groups predetermine and have plans if somebody is arrested. if a team of eight goes out, and two of those people are arrested, it's the responsibility of the other six to get the...
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Nov 21, 2012
11/12
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all's i know, california, illinois are in trouble. energy makeses the economy go around. it makes little sense to me. carl, back to you. >> europe will have the close there and a look at the afternoon may go. back in a minute. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ together for your future. get 36 months interest-free financing through thanksgiving weekend at sleep train, and save $400, $500, up to $600 on beautyrest and posturepedic. even get 3 year
all's i know, california, illinois are in trouble. energy makeses the economy go around. it makes little sense to me. carl, back to you. >> europe will have the close there and a look at the afternoon may go. back in a minute. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the...
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Nov 27, 2012
11/12
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fernando in california. fernando? >> caller: [ inaudible ]. >> okie doke. >> caller: coming into the fourth quarter for holiday season with all the names it picked up. >> all right. sears on its own, if it didn't have eddie lamperts backing, sears is a company, i consider it a wasting asset. i say that because its sales keep going down. i mean, there's no way -- it's very difficult to turn around a sales decline. as long as they go down, i can't recommend it. i mean, because it's not -- you can't recommend retails in asset play anymore. there's too much real estate as it is. >>> all right. dot-com, dot-christmas, dot-hanukkah. the way to play cyber monday. the growing shift online. don't outtthink this, people, it's fdx. don't move. "lightning round" is next. >>> it's a brutal full-contact sport. >> from the time the whistle blows. >> traders bracing for what could be a wild session. >> to the last play of the game. >> markets absolutely getting hammered today. >> i know it's not easy, but i promise to keep fighting f
fernando in california. fernando? >> caller: [ inaudible ]. >> okie doke. >> caller: coming into the fourth quarter for holiday season with all the names it picked up. >> all right. sears on its own, if it didn't have eddie lamperts backing, sears is a company, i consider it a wasting asset. i say that because its sales keep going down. i mean, there's no way -- it's very difficult to turn around a sales decline. as long as they go down, i can't recommend it. i mean,...
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Nov 28, 2012
11/12
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northern california and oregon are all going to see very, very heavy rainfall, not just today but all the way through the weekend. flood watches are out. sacramento, stockton up toward reading and stretching all the way up into oregon. we could see up to 20 inches of rainfall here, a big broad area of at least a half a foot. back to you. >> that is a waste. that should be over colorado and it should be -- >> exactly. >> so we had snow yesterday. last year we had snow early, it was like halloween and then we never got anymore. did the snow we had yesterday seem more typical? any idea about whether that portends that we have some snow this year on the east coast? >> last year it was like we used it all up early. we said okay, here we go, it's going to be a huge winter and nothing. we're looking at the long range forecast right now, it's all warm for most of the country. there are no big snowstorms at least for two or three weeks. >> but we don't know overall. >> beyond that, it gets fuzzier. >> you can't do like bill murray and blow all that stuff over to colorado. 20 inches of rain. th
northern california and oregon are all going to see very, very heavy rainfall, not just today but all the way through the weekend. flood watches are out. sacramento, stockton up toward reading and stretching all the way up into oregon. we could see up to 20 inches of rainfall here, a big broad area of at least a half a foot. back to you. >> that is a waste. that should be over colorado and it should be -- >> exactly. >> so we had snow yesterday. last year we had snow early, it...
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Nov 26, 2012
11/12
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i need chad in california. chad? >> caller: boo-yah, this is chad call from sunny california. how are you? >> how are you? >> caller: great. how about ng? >> no, no, no, man. i ixnaned that one. this one has no game. nj stan ng stands for no game. it's got no game. let's go to mike. >> caller: big boo-yah from denver. >> broncos look good. >> caller: i really enjoy your show. i can tell you're a man who loves his job. >> i sure do. >> caller: i want to say hi to patty and randy in denver. my question is about nvidia. >> tell patty and ran tdy that stock is doing absolutely nothing. i don't have a catalyst. it's a very expensive stock. john in pennsylvania. john? >> caller: hello, jim, a great big boo-yah from quakertown, pennsylvania. >> quakertown, the only place i ever had a fistfight in in a track meet. can you imagine? >> caller: that's great. >> the quakers, yeah. yeah. quakers give you a pounding. what's up? >> caller: listen, suburban propane. nice dividend yield. a hold cough. t off. >> the propane business is so competitive. >> sell, sell, sell, sell, sell. >> right n
i need chad in california. chad? >> caller: boo-yah, this is chad call from sunny california. how are you? >> how are you? >> caller: great. how about ng? >> no, no, no, man. i ixnaned that one. this one has no game. nj stan ng stands for no game. it's got no game. let's go to mike. >> caller: big boo-yah from denver. >> broncos look good. >> caller: i really enjoy your show. i can tell you're a man who loves his job. >> i sure do. >>...
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Nov 23, 2012
11/12
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jane wells is at one in california with details on that. jane? >> reporter: hey, bill. the manager here at this best buy won't give us specific numbers but he says sales so far after 10 1/2 hours are "on track." part of best buy's restructuring is something called the renew blue initiative which citigroup says they're trying to emphasize customer experience, improve it in the stores, something they've struggled with. they've reilly tried to pump up employees today. here's you, brandon. how has the experience been so far? >> pretty good. >> what did you buy? >> assassin's create 3. >> your mother lets you play that? >> yeah. >> we'll talk later. but the employees have been staying chipper and good-natured. i don't know how they're doing it because you can tell i'm getting a little punchy. i'm about ready to rip somebody's head off. but the big deal other than this smooth transition, there was one bottleneck earlier. around 4:00 a.m. everybody had had gotten in but the line to get to the cash register was taking over two hours. ininterviewed on live tv one said who said h
jane wells is at one in california with details on that. jane? >> reporter: hey, bill. the manager here at this best buy won't give us specific numbers but he says sales so far after 10 1/2 hours are "on track." part of best buy's restructuring is something called the renew blue initiative which citigroup says they're trying to emphasize customer experience, improve it in the stores, something they've struggled with. they've reilly tried to pump up employees today. here's you,...
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Nov 30, 2012
11/12
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let's go to ramon in california. ramon >> caller: hey, jim, boo ya, baby, calling you from riverside county but born and raised in the san fernando valley. i'm a frequent watcher, jim. thank you for all that you do. >> thank you for that. that is a -- go ahead >> caller: my question is with the recent news of a possible takeover on walter energy, what is your stance, sir, on the possible buy on the stock. >> i cannot recommend anyone buying stock on a takeover basis when i think the fundamentals are not going the right way. the fundamentals are not going the right way. let's go back to florida. bart in florida. bart. >> caller: yes, jim, i really enjoy your program. i see where the earnings on tether pharmaceuticals has been reduced. i wonder what you think the future of the stock looks like. >> sunshine that stock was down about 1.70 when that news came out between 7:30 and quarter of 8 and it rallied hard. to up 13 cents. my take is this. i don't like it. i think it can go to 42. and then sell sell sell. okay. keep
let's go to ramon in california. ramon >> caller: hey, jim, boo ya, baby, calling you from riverside county but born and raised in the san fernando valley. i'm a frequent watcher, jim. thank you for all that you do. >> thank you for that. that is a -- go ahead >> caller: my question is with the recent news of a possible takeover on walter energy, what is your stance, sir, on the possible buy on the stock. >> i cannot recommend anyone buying stock on a takeover basis when...
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Nov 19, 2012
11/12
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places like louisiana, arizona, wyoming, montana, california, places where some of them high unemployment rates, you're talking about reducing federal spending in places with high unemployment rates and this handy bar charts shows the split between defense spending in blue and nondefense in green. maryland, virginia, the washington, d.c., area, the highest federal pending, hawaii a lot of defend spending, same with alaska. more non-defense in new mexico down to georgia, 6.9% so these are the ways it's going to affect by state. we can even drill down further and look county by county, and what you see here for example if you drilled down here in louisiana there's one county in here where there's a federal penitentia penitentiary, because these are federal jobs as a percent of the total. you can see places along the texas coast, the bottom line on all of this is that we talk about reducing the ifisical cliff and solving the problem on a national level, but there are individual states that are going to be hit harder and there are blue states and states that come in so it's not easily democra
places like louisiana, arizona, wyoming, montana, california, places where some of them high unemployment rates, you're talking about reducing federal spending in places with high unemployment rates and this handy bar charts shows the split between defense spending in blue and nondefense in green. maryland, virginia, the washington, d.c., area, the highest federal pending, hawaii a lot of defend spending, same with alaska. more non-defense in new mexico down to georgia, 6.9% so these are the...
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Nov 12, 2012
11/12
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i'm going to ron in california right now. ron? >> caller: big boo-yah, too you, jim from south orange county, california. >> man, i love south orange county. i love the university system down there, too. i like irvine. >> caller: before i get started, i just want to say that we're thinking about you and your family and for that matter everybody in the studio audience and their family, hope everybody came out in that horrible storm. >> we got lucky. others are not. i know they appreciate your thoughts. thank you. >> caller: you're quite welcome. my question is pertaining to the chinese economic situation. what do you feel would be a better buy either las vegas sands or wynn resorts? >> i think that steve wynn is a winner. i don't say that to be, you know, glib. i think you want to own wynn here. i say that if it got to the mid 100s you have to pull the trigger. it's can't back away now. steve in connecticut? >> caller: looking at u.s. domestic play, you did a segment in june, it rallied and then reported earnings on october 24th, i
i'm going to ron in california right now. ron? >> caller: big boo-yah, too you, jim from south orange county, california. >> man, i love south orange county. i love the university system down there, too. i like irvine. >> caller: before i get started, i just want to say that we're thinking about you and your family and for that matter everybody in the studio audience and their family, hope everybody came out in that horrible storm. >> we got lucky. others are not. i know...
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Nov 9, 2012
11/12
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it will give us a footprint in minneapolis and northern california. we could not be more excited about this growth opportunity. and i think it's just a great example of how intentional and ambitious we are to grow our footprint. >> i think you're doing a terrific job. it's the best performer in the group. thank you so much to the ceo of afc enterprises, better known as popeye's but it is a great stock in a category where you might be looking for one. stay with cramer. >> coming up, you are ready to get charged up? cramer cranks up the voltage and goes electric on an all new hyperactive "lightning round." >>> and later, sour apple? it's the most valuable tech company in the world and its products have changed the course of consumer electronics. so why is this stock taking a dive? and is now the time to get in? cramer has answers. don't miss his take on apple coming right up on "mad money." >>> all right, cramerica, it all happens tomorrow. our annual veterans day show. invest in america salute to the troops. we have a great lineup. members of the milit
it will give us a footprint in minneapolis and northern california. we could not be more excited about this growth opportunity. and i think it's just a great example of how intentional and ambitious we are to grow our footprint. >> i think you're doing a terrific job. it's the best performer in the group. thank you so much to the ceo of afc enterprises, better known as popeye's but it is a great stock in a category where you might be looking for one. stay with cramer. >> coming up,...
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Nov 1, 2012
11/12
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earnings in california. >> caller: from sunniville, calling about netflix. >> not too happy. here is my take. i think netflix is a sell sell sell. i think this is going to be a lot more like color rox where he called the top, not the bottom. clorox ha creeped up. let's go carlos in florida. >> caller: how you doing? >> very good. >> caller: very good. i have got bioreference laboratories. >> i have always liked the companies. very much beginning of the pick and shovel business. i think it should be bought this week. frank in maryland. >> caller: boo-yah, jim. i'm calling about hcbk. >> it's taken over. it's done. already done. let's go aaron in washington. aaron? >> caller: hi, jim. how you doing? >> okay. how about you? >> caller: you're my kind of crazy and i love your show. i know you don't like what i bought. i was wondering what you currently have views for. a high depth company and the possibility of a buy out with albertsons. >> i think that the company has tremendous source. it just has too much dead. if you refinance the debt you would do better. but i don't think yo
earnings in california. >> caller: from sunniville, calling about netflix. >> not too happy. here is my take. i think netflix is a sell sell sell. i think this is going to be a lot more like color rox where he called the top, not the bottom. clorox ha creeped up. let's go carlos in florida. >> caller: how you doing? >> very good. >> caller: very good. i have got bioreference laboratories. >> i have always liked the companies. very much beginning of the pick...
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Nov 2, 2012
11/12
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help on the way from the west coast, from california. dozens of power trucks loaded on to giant air force cargo planes to help with power restoration. those things amazingly flying across the country all the way from california. the situation remains desperate in many neighborhoods in the tri-state area. these are pictures from this morning on staten island. there is virtually no power on the island. destruction is widespread. the secretary of homeland security janet napolitano will visit today. staten island is where the new york marathon will start on sunday. more subway service returning to manhattan, but not below 42nd street where power is still out in wide parts of the city south of that parallel. city officials say they may have to evacuate the marine life from the massive new york city aquarium based in brooklyn. the death toll from the storm nearing the 100 mark. despite the damage in atlantic city, that town's famous casinos are open again and they are conflicting reports about when power will be restored in manhattan. hundreds
help on the way from the west coast, from california. dozens of power trucks loaded on to giant air force cargo planes to help with power restoration. those things amazingly flying across the country all the way from california. the situation remains desperate in many neighborhoods in the tri-state area. these are pictures from this morning on staten island. there is virtually no power on the island. destruction is widespread. the secretary of homeland security janet napolitano will visit...
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Nov 5, 2012
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let's go to bob in california. bob? >> caller: boo-yah, jim cramer! >> nice stuttering boo-yah, bob. >> caller: i'm from the home of the world series giants, 2012 giants. >> i'm jealous. >> caller: i have a question about intel. >> i was stunned -- stunned was not even the word. super stunned when apple -- when bloomberg reported that apple is going to drop intel for its mac chips. that's amazing. intel isn't going to get in the cell phone either. i say don't buy, don't buy. rick in georgia. rick. >> caller: jimbo. align technologies. >> the other day i said i missed that, it's probably not too late. it was too late. and i'm going to say don't buy, don't buy. steve in michigan. >> caller: boo-yah, mr. cramer. mgm, what do you think? >> no, man. i got enough trouble with nguyen. i don't need to go down the food chain. let's go to prakash in illinois. >> caller: boo-yah, mr. cramer! aui, your favorite company. >> it is. it's a great gold growth stock and it has done far better. remember, you got to be careful. the price of gold coming down a lot. i'm go
let's go to bob in california. bob? >> caller: boo-yah, jim cramer! >> nice stuttering boo-yah, bob. >> caller: i'm from the home of the world series giants, 2012 giants. >> i'm jealous. >> caller: i have a question about intel. >> i was stunned -- stunned was not even the word. super stunned when apple -- when bloomberg reported that apple is going to drop intel for its mac chips. that's amazing. intel isn't going to get in the cell phone either. i say don't...
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Nov 19, 2012
11/12
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david in california. david? >> caller: boo-yah dr. cramer. >> yo-yo. >> caller: thank you for everything do you to keep us informed. >> thank you. >> caller: thanks for being a role model with everything do you with your charitable work as well. >> thank you. gave away a lot of money so far. thank you. >> caller: there you are. so i want to talk about osur. >> it's been a disaster since they came on. a disaster. i mean it's unbelievable. it's like the top of the stock when they came in. i don't know what to say. to me, it's too low. but it's been a disaster. let's go to kerry in louisiana. >> caller: boo-yah, jim. >> what's up? >> caller: lng in my sight. i can't seem to make myself pull a trigger. >> i like the limited partnership more because like that yield and they've been able to pay it. cqp is my favorite and preferred way to play that combination. >> let's go to charlie in new jersey. >> jim? i sold some heckman. i had a loss on it. i sold some heinz and bought abbott labs. >> you're in the right direction. there was an article
david in california. david? >> caller: boo-yah dr. cramer. >> yo-yo. >> caller: thank you for everything do you to keep us informed. >> thank you. >> caller: thanks for being a role model with everything do you with your charitable work as well. >> thank you. gave away a lot of money so far. thank you. >> caller: there you are. so i want to talk about osur. >> it's been a disaster since they came on. a disaster. i mean it's unbelievable. it's like...
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Nov 5, 2012
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for some parts of the market, here in southern california, the markets are even tighter than that. you add it up and it's pretty clear, things are going to start moving forward, or better said, they're going to continue to move forward from the gains we've seen over the course of the last six months or so. >> so, david, how would you -- how would you describe the market, then? has it become now the issue of getting a mortgage that seems to be one of the sticking points, or is it still a lot of supply on the market? because even though a lot of people feel we've seen the worse, we're just bumping along the bottom with housing. what is it going to take to get this needle moving? >> it's both. supply and mortgage products. we've had some of the most prestriktive products we've had in years. it's relative. it's really returning back to where it was as far as mortgage products were concerned. we're turning back to the products we used to have when we had a healthy economy but we don't have products that really fuel the excess growth. a lot of people feel we need that, given the inventor
for some parts of the market, here in southern california, the markets are even tighter than that. you add it up and it's pretty clear, things are going to start moving forward, or better said, they're going to continue to move forward from the gains we've seen over the course of the last six months or so. >> so, david, how would you -- how would you describe the market, then? has it become now the issue of getting a mortgage that seems to be one of the sticking points, or is it still a...
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Nov 8, 2012
11/12
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it will cut 30% of management jobs and will close factories in california. at&t says it plans to phase out its old fashioned telephone service. the company eventually wants to decommission the technology behind its deck i'ds old copper line network that currently covers 76 million homes and businesses. at&t will spend $14 billionoff three years to extend its internet based broadband service to 78% of its land line service area. and on the agenda in the u.s., we've got important economic data, weekly jobless claims, my favorite. they'll hit before the market opens. and on the earnings front, up ins are kohl's, wendy's, disney and groupon. european trade this morning has been a mixed session. we started out in the green and then we had losses. markets are clawing back adding half a percent for the xetra dax. ibex 35 is back in the green after being down as much as 0.6%. u.s. futures are trying to fight to the positive. if you take fair value into account, the dow jonesville average would be adding about a point at the open. not huge moves, but again, not a big
it will cut 30% of management jobs and will close factories in california. at&t says it plans to phase out its old fashioned telephone service. the company eventually wants to decommission the technology behind its deck i'ds old copper line network that currently covers 76 million homes and businesses. at&t will spend $14 billionoff three years to extend its internet based broadband service to 78% of its land line service area. and on the agenda in the u.s., we've got important economic...
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Nov 13, 2012
11/12
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interesting timing for honoring a california car. and we're going to cast the petraeus movie, tim seymour apparently angling for the shirtless fbi agent. we'll have that after the break. ♪ ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 trade at charles schwab for $8.95 a trade. tdd#: 1-800-345-2550 open an account and trade up to tdd#: 1-800-345-2550 6 months commission-free online equity trading tdd#: 1-800-345-2550 with a $50,000 deposit. tdd#: 1-800-345-2550 call 1-866-294-541
interesting timing for honoring a california car. and we're going to cast the petraeus movie, tim seymour apparently angling for the shirtless fbi agent. we'll have that after the break. ♪ ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find...
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Nov 8, 2012
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let's go to lee in california. lee. >> caller: mr. cramer, with the election over, we definitely have to invest in our infrastructure. how will chicago bridge and iron cbi benefit from this, and is it a good player or should by look elsewhere? >> i had my world rocked by the floor quarter, flr. it was so hideous and horrible, i've got to stay away from the business. foster wheeler could be hurt because the clean thing is not going to get the money. i say stay away from infrastructure. >> caller: cramer, i have a question about magnum hunter resources. i purchased about 15,000 shares at 30 cents a share. that's where it's lowest was. my question is, should i hang on to it, buy more, or sell it? >> i'm not a tax accountant, i can't tell you what to do in terms of personal. but i will tell you if i had a stock that bought at 30 cents and went to $3, that's what i call a no brainer. you got hit hard today. what works now? mlps, package consumer goods? how about some johnny walker black. don't move. lightning round is coming up next. ♪ [
let's go to lee in california. lee. >> caller: mr. cramer, with the election over, we definitely have to invest in our infrastructure. how will chicago bridge and iron cbi benefit from this, and is it a good player or should by look elsewhere? >> i had my world rocked by the floor quarter, flr. it was so hideous and horrible, i've got to stay away from the business. foster wheeler could be hurt because the clean thing is not going to get the money. i say stay away from...
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Nov 5, 2012
11/12
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you're in california. is there any businesses left at all in that state? >> there are quite a few. go to silicon valley, los angeles, san francisco. this is still the engine of innovation for the u.s. economy. >> they're making it tough on you. >> we could be doing better, that's true. >> so neel, when you say that this does lift some immediate uncertainty but you're not sure what it means beyond that, what do you think the market does between now and the end of the year, let's say? maybe not this week but between now and the end of the year under a reelected president obama or under a newly elected mitt romney? >> well, i think under reelected president obama, i would expect to see volatility increase especially as it relates around the fiscal cliff. we need to see them come together, divided government needs to work together. they have not worked together very well over the past couple years so the markets will take a wait and see approach and there's a good chance there will be fighting and brinkmanship until the last second for the fiscal cliff. republican sweep it's more likel
you're in california. is there any businesses left at all in that state? >> there are quite a few. go to silicon valley, los angeles, san francisco. this is still the engine of innovation for the u.s. economy. >> they're making it tough on you. >> we could be doing better, that's true. >> so neel, when you say that this does lift some immediate uncertainty but you're not sure what it means beyond that, what do you think the market does between now and the end of the...
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Nov 1, 2012
11/12
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california's been hijacked by academics environmentalists, all the refining cooperations in california have led to major declines for a lot of companies who said theyill doing very well. somebody said something about cap and trade, california must start to feel a little too much like europe. >> great, great, we are finding common ground. >> he had the ceo of eatono. preparing those transmission lines. >> the combination of cooper and eaton is really designed to make it so the transmission system worldwide is upgraded so that when you have 6 million to 8 million people without power, they can call him. >> tomorrow on "squawk box," one final employment report before the presidential election, one last read on job before america votes for its nec leader. we'll bring you the numbers and analysis from our annal of experts. it all starts tomorrow at 6:00 p.m. eastern. on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is on
california's been hijacked by academics environmentalists, all the refining cooperations in california have led to major declines for a lot of companies who said theyill doing very well. somebody said something about cap and trade, california must start to feel a little too much like europe. >> great, great, we are finding common ground. >> he had the ceo of eatono. preparing those transmission lines. >> the combination of cooper and eaton is really designed to make it so the...
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Nov 2, 2012
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john fort is outside an apple store in california with a surprising story. john. >> reporter: marimaria, it's sta wait, though. that line in new york got longer at the fifth avenue store. more than 800 people when the doors opened. hard to gauge exactly what that means, though. a number of other new york stores were closed, of course, in the south of manhattan because of hurricane sandy cleanup. now, here in palo alto, still plenty of back ipad minis in stock. i took a look at the number of reservation cards. looks like there are well over 50 cards. they say they have 16, 32, and 43 gigabyte models in stock. it just got really crowded. lots of people coming in and getting minis. gene muenster of piper jaffray estimates over 1 million. maybe they'll put out a number next week. i haven't heard any word on that either way. >> all right, john. thanks so much. the ipad may be getting smaller, but the tablet space is becoming a big battleground. hewlett-packard no doubt one of the key players in the space. todd bradley joins me now to talk about that. thank you fo
john fort is outside an apple store in california with a surprising story. john. >> reporter: marimaria, it's sta wait, though. that line in new york got longer at the fifth avenue store. more than 800 people when the doors opened. hard to gauge exactly what that means, though. a number of other new york stores were closed, of course, in the south of manhattan because of hurricane sandy cleanup. now, here in palo alto, still plenty of back ipad minis in stock. i took a look at the number...
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Nov 29, 2012
11/12
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they represent, you know, the california state employees. that's an important investor to have. they're making noise about this. i think it's something the board really shouldn't ignore. they've put forth a nonbinding proposal that will be up for next year's annual meeting. i think if shareholders vote for it, which i think there's a reasonable shot they will, the board really has to listen to that. they can choose to ignore it. they do have a duty as well. this will add pressure. relational is not going away with the board saying, yeah, we looked at it, we rejected it. >> the back story is it's a family owned company run by generations in this family. they have already responded to relational in this disclosure. they say the time is not right now to spin off the steel business. the steel business diversifies the operations and provides cost savings for the steel and ball bearings business to have these operations together. >> that's what they always say. they never say, yeah, there's no synergy, but we like them together. they always say why they should be together. but i think
they represent, you know, the california state employees. that's an important investor to have. they're making noise about this. i think it's something the board really shouldn't ignore. they've put forth a nonbinding proposal that will be up for next year's annual meeting. i think if shareholders vote for it, which i think there's a reasonable shot they will, the board really has to listen to that. they can choose to ignore it. they do have a duty as well. this will add pressure. relational is...
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Nov 7, 2012
11/12
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close facilities in california and consolidate several business units in order to cut costs. >> allrightee. thank you so much, bertha. >>> final trades next all on the halftime report. in america today we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ at devry.edu/knowhow. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million america
close facilities in california and consolidate several business units in order to cut costs. >> allrightee. thank you so much, bertha. >>> final trades next all on the halftime report. in america today we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up...
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Nov 23, 2012
11/12
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jane wells joins us from a best buy in conoga park, california. jane has been showing up with all of the shoppers, who is are w you? >> what's your name? >> anket. >> reporter: how long have you been waiting in line? >> more than two hours. >> reporter: the big deal is the line is taking forever. what are you buying? >> i'm buying a dslr camera. >> reporter: you came from india to buy this. >> reporter: i did. >> they have a thing called the internet. >> reporter: this is not the experience i was expecting. >> reporter: you get lines like this back home i suppose? >> yes. >> reporter: as raul shows you how this line snakes around, a crazy person but also maybe someone who is exhausted and with a dry sense of humor is first in line. how many tickets did you get? >> six. >> reporter: what are you planning on getting? >> tv for sure and probably a laptop. >> reporter: and the rest, i don't know, might sell them to you, jane. >> reporter: jason mcclellan got here 98 hours before the doors opened, gave him first choice at picking tickets, like a 40 inc
jane wells joins us from a best buy in conoga park, california. jane has been showing up with all of the shoppers, who is are w you? >> what's your name? >> anket. >> reporter: how long have you been waiting in line? >> more than two hours. >> reporter: the big deal is the line is taking forever. what are you buying? >> i'm buying a dslr camera. >> reporter: you came from india to buy this. >> reporter: i did. >> they have a thing called the...
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Nov 8, 2012
11/12
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for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >> welcome back. half of the trading day in the books and here's how the top trades look thus far. j.p. morgan getting permission from the fed to resume stock buybacks in the first quarter of 2014, and stephanie link, here's a look at financials getting a snapback today up three quarters of a percent for jpm. >> it putting the london wales to bed. it's accretive to earnings and i think numbers will likely go up and i like this company very much because it has capital markets exposure and a lot of other kinds of areas in the banks where you want and the trade at one time is very attractive. >> whole foods is plunging today after
for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >> welcome back. half of the...
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Nov 30, 2012
11/12
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something fishy going on in california's malls. chain of caviar vending machines has sprung up in three l.a. shopping centers. the owner of the machine says she hatched the idea to attract a younger crowd to the caviar market because what goes better with holiday shopping than a $500 can of salty fish egg whites? >> right. >> a caviar guy. >> no i'm not. >> you are. you look like it. >> come on. you got caviar written all over you. >> no. >> saturday night at the white house. >> all right. when halftime returns we're waiting for the house speaker to make some comments shortly regarding the fiscal cliff and we'll take you into that room live when john boehner appears. also a stunning month for facebook. shares are up nearly 30%. you buy the rally. we got some answer frs a top wall street analyst. we'll hear from two d.c. insiders from opposite sides of the aisle. doug holtz eakin, harley davidson fo davidson -- harold ford jr. will square off on the fiscal cliff when we come back. [ abdul-rashid ] i've been working since i was about
something fishy going on in california's malls. chain of caviar vending machines has sprung up in three l.a. shopping centers. the owner of the machine says she hatched the idea to attract a younger crowd to the caviar market because what goes better with holiday shopping than a $500 can of salty fish egg whites? >> right. >> a caviar guy. >> no i'm not. >> you are. you look like it. >> come on. you got caviar written all over you. >> no. >> saturday...
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Nov 6, 2012
11/12
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and at 11:00, the rest of the west coast states will finish out including california. alaska will round everything out at 1:00 a.m. you can see that handy little chart there. here's another chart that gives you a sense of the official nbc projections tonight. 270 electoral college votes are needed to win and, yes, it is not the popular vote that matters. it is the lector are ral college vote that matters. 237, this is what nbc is proceed correcting currently for bal. you can see on the map the states blue are those expected to give all of their votes to him. romney we're projecting 206 votes. in yellow, these are the key swing states. nbc sees eight of them for the time being and the most important one probably to watch is, yes, ohio. right here. not far from virginia which is probe the second most important. maybe colorado over here, the third. but in ohio, it really comes down to the interior of the country where many of these counties have gone boy way or the other. no republican presidential candidate has won without ohio, but it's not just tradition that matters,
and at 11:00, the rest of the west coast states will finish out including california. alaska will round everything out at 1:00 a.m. you can see that handy little chart there. here's another chart that gives you a sense of the official nbc projections tonight. 270 electoral college votes are needed to win and, yes, it is not the popular vote that matters. it is the lector are ral college vote that matters. 237, this is what nbc is proceed correcting currently for bal. you can see on the map the...
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Nov 23, 2012
11/12
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let's go to jane at a best buy in california with a look at black friday traffic there. how is it shaping up? >> i cracked the code. don't come here at midnight. come here at 6:00 a.m. cindy, when did you first get here? >> midnight. >> what did you do? >> leave. >> why. >> because the lines were crazy. i saw your news truck and there was no way i was going to get in and get what i wanted. >> people were waiting two hours in line. sometimes more. how long did you wait in line? >> not at all. >> there's only 20 people. >> nothing. >> but what i wanted is gone. >> there you have it. thank you very much. if you look, it's not that busy right now. earlier it was crazy. estimated 1,000 people outside. and as best buy really struggles, management is trying to impress and inspire employees to make it worth it for customers to come in here especially those who have been camped out for days. >> we're excited to be here. this is our super bowl. >> this black friday will be a test of the renew blue strategy that best buy has. management is trying to remedy a reputation for poor cus
let's go to jane at a best buy in california with a look at black friday traffic there. how is it shaping up? >> i cracked the code. don't come here at midnight. come here at 6:00 a.m. cindy, when did you first get here? >> midnight. >> what did you do? >> leave. >> why. >> because the lines were crazy. i saw your news truck and there was no way i was going to get in and get what i wanted. >> people were waiting two hours in line. sometimes more. how...
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Nov 30, 2012
11/12
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one of the develop storingie ii looking at is chinese products to california to the rest of the country and there's a lot of ports being shot. >> national retail federation said that a lot of product for the holiday season is already in the stores. so maybe it won't be a huge impact and maybe that product can be routed to other ports to mexico and then trucked up. maybe it's a good thing for truckers and fedex and u.p.s.s of the world if the product isn't in the store already, retailers need to get it quickly, good for overnight shippers. >> they have all of the stuff in. that's a good point. ksu rang the bell the other day. they're instrumental in bringing goods from mexico. very interesting. >> look at those freight volume which is they report next. meantime, got to talk zynga taking a hit in the premarket. social gaming company changing its relationship with facebook. the new agreement essentially removes the special status that zynga enjoyed among game developers and also now allows facebook to develop its own games. it's been called an open marriage by "the new york post" today and
one of the develop storingie ii looking at is chinese products to california to the rest of the country and there's a lot of ports being shot. >> national retail federation said that a lot of product for the holiday season is already in the stores. so maybe it won't be a huge impact and maybe that product can be routed to other ports to mexico and then trucked up. maybe it's a good thing for truckers and fedex and u.p.s.s of the world if the product isn't in the store already, retailers...
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Nov 14, 2012
11/12
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. >> i'm at the strategic growth conference in palm springs, california. a gathering of a couple thousand ceos and business leaders talking about challenges with the global economy and one of the topics of conversation is likely to be news we are just now getting out of washington. the obama administration signaling that it is expanding the multi-year crackdown on bribes paid by u.s. companies to foreign officials under the foreign corrupt practices act and the administration out with new guidelines, 120 pages. the act that's been in place since the carter administration is too vague and putting u.s. companies at a competitive disadvantage. so now the department of justice and the securities exchange commission out with 120 pages of guidelines talking about what is a bribe, who is a foreign official. we've put all of these guidelines on our website. cnbc.com. you can read more about it. this is again something that business leaders have been clamoring for but they want changes in the law. we'll see if the guidelines are enough to ease their concerns. back
. >> i'm at the strategic growth conference in palm springs, california. a gathering of a couple thousand ceos and business leaders talking about challenges with the global economy and one of the topics of conversation is likely to be news we are just now getting out of washington. the obama administration signaling that it is expanding the multi-year crackdown on bribes paid by u.s. companies to foreign officials under the foreign corrupt practices act and the administration out with new...
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Nov 29, 2012
11/12
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we think they're very well positioned in places like california where we're starting to see some signs of a macro recovery. the other important thing, nordstrom doesn't have the exposure to the tourist consumer some of the other luxury players have. >> reporter: however, with the european debt crisis looming and that fiscal cliff still unresolved, the robin report's robin lewis thinks many luxury buyers may be holding back this holiday season. >> i think that will cause some cautious spending in the last holiday season, in the last quarter. and if the resolve is made to increase the tax rates of the rich, it will definitely hit the pocketbooks. >> reporter: and there's no doorbusters for luxury players. they're banking on their price premiums and their quality to drive sales. later today, carl, i'll sit down with burberry ceo. we'll talk about all things luxe. >>> straight ahead, why the secret to housing reform might be reforming the fha itself. >>> a little bit laeter, how to play the retailers ahead of this holiday season. "squawk on the street" is coming right back. if you are one
we think they're very well positioned in places like california where we're starting to see some signs of a macro recovery. the other important thing, nordstrom doesn't have the exposure to the tourist consumer some of the other luxury players have. >> reporter: however, with the european debt crisis looming and that fiscal cliff still unresolved, the robin report's robin lewis thinks many luxury buyers may be holding back this holiday season. >> i think that will cause some...
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Nov 15, 2012
11/12
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is down nearly 19% so far this year, so we can crack that up to be decent news and upbeat news from california, it will have a $1.9 billion budget gap during its next fiscal year, that's far smaller, here is the good part, far smaller than it's seen in prior years and holds out the possibility that california may actually see surpluses within a few years thanks to spending cuts and tax hikes. those folks have their fingered crossed. >>> hamas rockets killed three in israel as they threaten a wider offensive. martin fletcher is in tel aviv and has more. >> reporter: israel and the palestinians in gaza are on the major edge of a confrontation, neither side really wants but seems to be what happens. israeli rocket attacks against gaza targeting the militant leaders of hamas are continuing and continuing to attack rocket stockpiles from gaza. israel's goal is to prevent hamas from attacking israeli citizens with rockets. there have been 850 akz ta, 100 in the last week alone. that's what israel wants to stop. at the same time hamas has been retilliating today at least 130 rockets fired from gaza i
is down nearly 19% so far this year, so we can crack that up to be decent news and upbeat news from california, it will have a $1.9 billion budget gap during its next fiscal year, that's far smaller, here is the good part, far smaller than it's seen in prior years and holds out the possibility that california may actually see surpluses within a few years thanks to spending cuts and tax hikes. those folks have their fingered crossed. >>> hamas rockets killed three in israel as they...
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Nov 19, 2012
11/12
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for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >>> israel is ready for a ground invasion but the country prefers a diplomatic solution. oil is moving higher this morning. joining us live from gaza now is ayman. >> good afternoon. the sun is setting and they have been for every night over the past six 9nights palestinians brace themselves for a violent night. it's during the coming hours that there's an intensification of israeli targets throughout the gaza strip. yesterday on sunday there was an incident that many describe here as a massacre. one that targeted the home of a senior member of hamas' military according to the israelis but inside that residential house were fam
for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >>> israel is ready for a ground...